Walgreens: Fiscal Q2 Earnings Snapshot
DEERFIELD, Ill. (AP) _ Walgreens Boots Alliance Inc. (WBA) on Thursday reported fiscal second-quarter net income of $883 million.
The Deerfield, Illinois-based company said it had net income of $1.02 per share. Earnings, adjusted for one-time gains and costs, were $1.59 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.
The largest U.S. drugstore chain posted revenue of $33.76 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $33.69 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WBA at https://www.zacks.com/ap/WBA